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A map of world oil consumption in barrels a day per capita, 2007. Daily oil consumption by region from 1980 to 2006. This is a list of countries by oil consumption. [1] [2] In 2022, the International Energy Agency (IEA) announced that the total worldwide oil consumption would rise by 2% [3] year over year compared to 2021 despite the COVID-19 ...
A map of world oil production (2013) Oil-producing countries (information from 2006 to 2012) This article includes a chart representing proven reserves, production, consumption, exports and imports of oil by country .
As of 2022, energy consumption is still about 80% from fossil fuels. The Gulf States and Russia are major energy exporters. Their customers include for example the European Union and China, who are not producing enough energy in their own countries to satisfy their energy demand. Total energy consumption tends to increase by about 1–2% per year.
Top 5 oil producing countries 1980–2022 World oil production. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
A global energy crisis began in the aftermath of the COVID-19 pandemic in 2021, with much of the globe facing shortages and increased prices in oil, gas and electricity markets. The crisis was caused by a variety of economic factors, including the rapid post-pandemic economic rebound that outpaced energy supply, and escalated into a widespread ...
In 2022, Saudi Arabia was the largest exporter of petroleum, followed by Russia and Iraq. Other major exporters of petroleum in that year included the United States, Canada and United Arab Emirates. In 2022, Saudi Arabia also had the largest oil export value in US dollar terms by far. Many of these countries also import oil, and some import ...
Although countries increased oil production in May, demand forecasts were high and on June 8 WTI closed above $70, with Brent at $72.22, the highest since May 2019. On June 25 WTI ended the week at $74.05, up 3.9 percent for the week, the fifth week in a row with an increase. Brent ended at $75.38 the highest since October 2018.
Comparison of proven oil reserves from some widely used sources (billions of barrels, as of 31 Dec 2014) Source. Canada. Iran. Iraq. Russia. Saudi Arabia. United States. Venezuela.